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Just a reminder...

I've been talking today with a listener about credit-based private student loans, like the ones at AlternativeStudentLoan.com, and reminded her that every time you apply for a loan somewhere and you're declined, it's a ding against your credit rating. Make sure you've got your house in order first - all your information gathered, a cosigner who is credit-worthy, etc. before you apply, so that you maximize your chances of qualifying for the loan. If you don't, then each successive loan application is less likely to be approved because your credit score is declining.

If you haven't already, be absolutely certain your credit is clean with a free report from www.AnnualCreditReport.com (ignore all the ads).

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